Analyzing the Impact of Inward FDI and Economic Growth on CO2 Emissions of Ukraine

Farrukh Nawaz Kayani and Misbah Sadiq
Additional contact information
Farrukh Nawaz Kayani: Hamad Bin Khalifa University, Doha, State of Qatar
Misbah Sadiq: Umm Al Quwain University, United Arab Emirates.

International Journal of Energy Economics and Policy, 2022, vol. 12, issue 5, 202-208

Abstract: The study investigated the impact of foreign direct investment and economic growth, upon carbon emissions of Ukraine. The annual data for the study has been extracted from the World Bank Development Indicators for the period 1990 to 2019. The study variables are foreign direct investment, economic growth, and carbon emissions. We started our analysis based on the autoregressive distributed lag (ARDL) model as being use quite extensively in the existing literature. However, we faced the issue of multicollinearity, then we applied the Ordinary Least Square technique and system generalized method of moments as alternative estimation techniques. The main analysis is based on the Ordinary Least Square technique, whereas robustness has been carried out under the system s generalized method of moments. Both estimation techniques confirmed the significant and positive relationship between our study s variables. The results indicate that in Ukraine the inflows of foreign direct investment and economic growth have led to higher carbon emissions.

Keywords: Inward FDI; Economic Growth; CO2 Emissions; Ukraine (search for similar items in EconPapers)
JEL-codes: F63 P18 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.econjournals.com/index.php/ijeep/article/download/13395/6918 (application/pdf)
https://www.econjournals.com/index.php/ijeep/article/view/13395 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2022-05-24

Access Statistics for this article

International Journal of Energy Economics and Policy is currently edited by Ilhan Ozturk

More articles in International Journal of Energy Economics and Policy from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().